SRGN ( Seragen, Inc.) Message Board

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Biotech / Medical : SRGN ( Seragen, Inc.)

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To: celeryroot.com who wrote (43)	5/19/1998 11:54:00 AM
From: Phil Cressman	Read Replies (1) of 52

Hi guys, Fully agree with your figures, No risk play in my view at current prices. If LGND ever starts attracting interest and their share price rises, SRGN must rise further. I still feel a price of 60 cents a share for SRGN represents fair market at this time. I believe the 3rd quarter is when the first installment (Ligand shares) will be paid over. It will be interesting to see how the market will then value the SRGN shares, a dime would be my guess (I'm also betting that those $14 LGND shares will be worth $16 to $20 by then.

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